An automobile company is ready to introduce a new line of hybrid cars through a national sales

Question:

An automobile company is ready to introduce a new line of hybrid cars through a national sales campaign. After test marketing the line in a carefully selected city, the marketing research department estimates that sales (in millions of dollars) will increase at the monthly rate of

S′(t) = 10 - 10e-0.1t 0 ≤ t ≤ 24

t months after the campaign has started.

(A) What will be the total sales S(t) t months after the beginning of the national campaign if we assume no sales at the beginning of the campaign?

(B) What are the estimated total sales for the first 12 months of the campaign?

(C) When will the estimated total sales reach $100 million? Use a graphing calculator to approximate the answer to two decimal places.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

College Mathematics For Business Economics, Life Sciences, And Social Sciences

ISBN: 978-0134674148

14th Edition

Authors: Raymond Barnett, Michael Ziegler, Karl Byleen, Christopher Stocker

Question Posted: